#cryptonews 🚀🚀
1️⃣ The Daily:
✔️ On Wednesday, May 23 the San Fransisco based exchanged #coinbase announced the acquisition of a decentralized #digital token relay-trading platform called #Paradex . Alongside adding the decentralized exchange (Dex), the firm has arussianlso revealed it is retiring the name GDAX and that platform will soon be known as “Coinbase Pro.”
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2️⃣ Regulation :
✔️Russian 🇷🇺 state Duma has approved its first reading of the long-waited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legislation of #cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they proceed to final adoption of the three bills. •
3️⃣ News: ✔️ The Institute of Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all it’s forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can help support IJ’s valuable work, a real world use case, through #Bitpay and #bitcoincash (BCH).
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❓Do you think the new legislation will open the way for mass adoption of cryptocurrencies in #Russia ❓
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Let us know your thoughts 💭..
References: news.bitcoin.com
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#bitcoin#ethereum#litecoin#dash#neo#cryptomemes#crypto#hodl#bank#invest#investing#money#business#ceo#seattle#dubai#montreal#coins#currency#binance#news

3 27an hour ago

"Bitcoin is a huge huge deal. It's an unbelievably better store of value. It's gold 2.0" Chamath Palihapitiya, Founder and CEO of Social Capital. ⠀
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Ali Baba and PayPal Reject Cryptocurrency as a Medium of Exchange
Big investors and business icons are rejecting cryptocurrency as a viable medium for exchange. The market has been struggling to become a “reliable currency” despite several countries legalizing digital currencies and crypto exchanges. Bearish remarks from trend makers have been negatively impacting the crypto market.
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